$210,000
SOLD JUL 9, 2024

Condo One Hundred Fourteen 3507 Oaks Way Unit 505 Pompano Beach, FL 33069

Palm Aire Neighborhood
2 Beds
2 Baths
1,225 Sq Ft
$607/mo HOA Fee

Recently Sold

$171 Per Sq Ft

16% Below List Price

54 Days on Market

Highlights

  • Lake Front
  • Intercom to Front Desk
  • Main Floor Bedroom
  • On Golf Course
  • Clubhouse
  • Bike Room

About This Home

As of July 2024

This building past 40 years of inspection and it is certified nothing needs to be done. DON'T MISS This Rarely Available 2/2 KING Model with Oversized L Shape Balcony. PERFECT OPPORTUNITY TO UPGRADE TO YOUR STYLE. Spectacular Views of a Lake and Golf Course. Lots of Amenities Including a Golf Course, Tennis Courts, Club House, Pool, Picnic Area, Playground, and Much More. The location is One of the Best in Palm Aire. Situated on a quiet Cul-De-Sac Street. Near the Isle Casino, a short ride to Fort Lauderdale Airport and Minutes from the Beach, Restaurants, and Shopping. Easy access to the Turnpike and I-95. Plenty of Guest Parking for Friends and Family.
No dogs per HOA. Minimum Credit Score of 700 and at least 10% Down in Cash at the Time of Closing.

Last Agent to Sell the Property

Elizabeth Leon

Potential Property Group License #3243917 Listed on: 05/15/2024

Potential Property Group

Last Buyer's Agent

Justin Estrella

Pompano Beach Realty License #3585081

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $331

Year Built

  • Built in 1981

Lot Details

  • Lake Front
  • On Golf Course
  • East Facing Home

HOA Fees

  • $607 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Deeded Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,225 Sq Ft Home
  • Built-In Features
  • Paddle Fans
  • Blinds

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Balcony
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494205HB0520

Community Details

Overview

  • Mid-Rise Condominium
  • Palm Aire Country Club Condos
  • No 114 Palm Aire Country Subdivision
  • 10-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Intercom to Front Desk
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$331

Year Built

Built in 1981

Lot Details

0

HOA Fees

$607 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Condominium
  • Directions: From the corner of West Atlantic Blvd. and Powerline, go south on Powerline and turn right onto PalmAire Dr. N. Continue through the complex and cross the canal, turn right onto Oaks Drive, then turn left onto Oaks Way. Building 114 is at the end.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: NO 114 PALM-AIRE COUNTRY
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1225
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 10
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Golf View, Lake
  • Exterior Features: On Golf Course, Barbeque, Screened Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Palm Aire Country Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Deeded, Guest

Utilities

  • Cooling: Paddle Fans
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Card Entry, Intercom In Lobby, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 607
  • Amenities: Barbecue, Bike Storage, Business Center, Child Play Area, Clubhouse-Clubroom, Elevator(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494205HB0520
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 9, 2024
Sold by
Ferber Hortensia J
Bought by
Kocer Kenneth
Seller's Agent
Elizabeth Leon
Potential Property Group
Buyer's Agent
Justin Estrella
Pompano Beach Realty
List Price
$249,000
Sold Price
$210,000
Premium/Discount to List
-$39,000
-15.66%
Total Days on Market
54
Views
17
Current Estimated Value
$215,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,061
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Jul 13, 2001
Sold by
Dale Williamson I
Bought by
Ferber Hortensia J

Purchase Details

Closed on
Oct 25, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jun 1, 1983
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Tropics Title Services
Warranty Deed $92,000 --
Deed -- --
Special Warranty Deed $10,000 --
Warranty Deed $65,250 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $210,000 -12.1% $171 / Sq Ft
06/02/2024 06/02/24 Price Changed $239,000 -4.0% $195 / Sq Ft
05/15/2024 05/15/24 For Sale $249,000 -- $203 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $331 $280,610 $28,060 $252,550
2024 $331 $280,610 $28,060 $252,550
2023 $331 $114,790 $0 $0
2022 $250 $111,450 $0 $0
2021 $966 $108,210 $0 $0
2020 $931 $106,720 $0 $0
2019 $896 $104,330 $0 $0
2018 $1,418 $102,390 $0 $0
2017 $1,317 $100,290 $0 $0
2016 $1,272 $98,230 $0 $0
2015 $1,301 $97,550 $0 $0
2014 $904 $96,780 $0 $0
2013 -- $99,380 $9,940 $89,440
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Leon

    Seller's Agent in 2024

    Elizabeth Leon

    Potential Property Group

    (754) 224-9383

    1 in this area

    4 Total Sales

    Elizabeth Leon
    Section Image

  • J

    Buyer's Agent in 2024

    Justin Estrella

    Pompano Beach Realty

    (917) 767-0301

    5 in this area

    8 Total Sales

    Justin Estrella
    Section Image
See All Agents

About Condo One Hundred Fourteen

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11588487

MIAMI REALTORS® MLS

APN: 49-42-05-HB-0520

Florida Broward County Pompano Beach 33069 Palm Aire

3507 Oaks Way Unit 505, Pompano Beach, FL

This home is located at 3507 Oaks Way Unit 505, Pompano Beach, FL 33069 and is currently priced at $210,000, approximately $171 per square foot. This property was built in 1981. 3507 Oaks Way Unit 505 is a home located in Broward County with nearby schools including Cypress Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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